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China’s Economic Adjustment and Rebalancing: Challenges and Strategies

In: American Monetary Policy Adjustment and Its Impacts

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  • Liu Weiping

    (China Development Bank)

Abstract

Over the past 40-plus years of reform and opening up, while China has made great achievements, the changes that have taken place are also changing the rules of the world. How to skillfully follow and adapt to such changes and achieve a new balance challenges not only the wisdom of China, but also the wisdom of major countries in the world. The new era of socialism with Chinese characteristics and the 14th Five-Year Plan period are an important period of strategic opportunity for the development of China’s open economy. How to grasp this rare period of strategic opportunity? An in-depth and thorough analysis in the light of the current global situation will help us make a comprehensive and accurate judgment of the current economic situation, and is also of great significance for formulating the right response measures.

Suggested Citation

  • Liu Weiping, 2023. "China’s Economic Adjustment and Rebalancing: Challenges and Strategies," Springer Books, in: American Monetary Policy Adjustment and Its Impacts, chapter 0, pages 325-360, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-7810-6_11
    DOI: 10.1007/978-981-99-7810-6_11
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